A New Look at Intellectual Property and Innovation in Africa
les Nouvelles - Journal of the Licensing Executives Society, Volume LI No. 3, September 2016
6 Pages Posted: 17 Aug 2016 Last revised: 3 Sep 2016
Date Written: September 1, 2016
Africa is a large continent with 54 countries. A solid average growth rate of more than five per cent over the past 15 years, bears witness to the region’s impressive economic potential. A growing labour force and a large and emerging consumer market hold the promise of significant further growth opportunities. Yet a myriad of challenges need to be addressed in order to reap these potential gains. Africa has all the ingredients to make this happen, and decisions and actions taken today will determine whether Africa will succeed in achieving higher levels of prosperity. (The Africa Competitiveness Report 2015, WEF). This article examines innovation and intellectual property trends in Africa.
Keywords: IP in Africa, Innovation in Africa, Africa, IP, Innovation, emerging consumer market
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